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E-60
A Entering the CNVR Mode
• Press n to enter the CNVR Mode.
Value Input Screen
A Setting Values
No. Display Name
Values Used
in Examples
1 n
Number of Annual
6
Compoundings
2 I Interest Rate (Annual) 3%
A Basic CNVR Mode Procedure
Example 1: To convert a nominal interest rate (APR) to
an effective interest rate (EFF)
1. Input the number of annual compoundings (
n) and
interest rate (
I) values from the Setting Values table
above.
• For this example, use
fc to select 1 “
n”,
input 6, and then press
E.
• Use fc to select 2 “
I”, input 3, and then press
E.
2. Select the value you want to calculate.
• For this example, use
fc to select “EFF:
Solve”.
3. Press l to perform the calculation.
• Pressing the E key returns to the value input screen.